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2015-07-23 11:45 | Report Abuse
actually knm is not strictly an oil and gas player. in areas where it is, its involvement is pretty much downstream. oil prices would have a more immediate impact on upstream players like sapurakencana and those with offshore operations. but eventually, the fall in oil prices in the long term would affect knm. on the positive side, knm has the alternative of focusing more on renewable energy projects. still, bioenergy plants are often very expensive to develop and uncertain due to lack of reliable technology in the market to drive such plants. still, if you agree that everyone wants alternative energy sources which are clean and environmental friendly, knm is already there in the market. it will take some time though as the world's dependence on oil is still high despite the fall in prices.
2015-07-22 22:20 | Report Abuse
knm bought borsig at a premium. which explains why they have shelved the proposed listing of the same. they just can't justify the value.that said, without borsig it is difficult to see how knm could still survive these past few years. I was made to understand that borsig is knm's top revenue earner. their contract margins are also very good. they are a trusted brand as far as process equipment is concerned. being German, their management is also fairly independent. with the embargo on Iran lifted, they should do even better I think.
Stock: [KNM]: KNM GROUP BHD
2015-10-12 12:56 | Report Abuse
bollinger graph please...